Faith Charities Inc
Faith Charities Inc is a private foundation, based in Corpus Christi, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 8 grants totaling $134K. Net investment income was $11K.
Faith Charities Inc at a glance
In short: Faith Charities Inc gave $134K across 8 grants in 2024 (avg $17K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $134,213
- -5.5% vs 2023
- Grants made (2024)
- 8
- -50.0% vs 2023
- Average grant
- $16,777
- +89.1% vs 2023
- Median grant
- $13,344
- Total assets
- $162,550
- -22.1% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Faith Charities Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Fullness of Truth ($54K). Together the top 8 received $134K.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 67 grants of 72 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Faith Charities Inc gives
- Giving fell 35% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $134K (2024) to $216K (2022). In 2024 it made 8 grants totaling $134K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fullness of Truth Kingwood, TX | To promote and share the inestimable gift and irrefutable truth of the roman catholic faith with all, though with sincere charity and reverence. | $53,750 |
| Society of Our Lady of the Most Holy Trinity Robstown, TX | To serve, as disciples of jesus through mary living in marian-trinitarian, on ecclesial family teams in areas of deepest apostolic need | $21,000 |
| St Francis De Paula Catholic Church San Diego, TX | To gather around christ in the eucharist. Nourished by the body and blood of jesus christ to go forth to do corporal and spiritual works of mercy to fulfill his command, "love one another as I have loved you." | $16,575 |
| Catholic Charities of Corpus Christi Inc Corpus Christi, TX | To Help Reduce Hunger in Corpus Christi, Texas. | $15,188 |
| Magnolia School Houston, TX | To prepare young women for a life distinguished by excellence, goodness, and joy. Recognizing that in a wholly realized education, knowledge and love go hand-in-hand. | $11,500 |
| St Joseph Roman Catholic Church Corpus Christi, TX | To invite every parishioner to a life rooted in gratitude to god | $9,700 |
| Gracewood Houston, TX | To rescue children and their single mothers, ensuring a bright future by providing home, hope, and healing | $5,500 |
| Pregnancy Center of the Coastal Bend Corpus Christi, TX | To operate as a professional medical office that provides free and confidential unplanned pregnancy services in the South Texas. | $1,000 |
Ready to take the next step with Faith Charities Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $162,550 | $91,935 | $138,026 | $134,213 | 8 | $134,213 | $11,127 | $10,171 |
| 2023 | $208,641 | $96,680 | $147,420 | $141,965 | 16 | $141,965 | $4,092 | $6,290 |
| 2022 | $259,381 | $222,719 | $217,968 | $216,338 | 19 | $216,338 | $13,746 | $11,228 |
| 2021 | $254,630 | $339,964 | $208,450 | $207,650 | 18 | $207,650 | — | — |
| 2020 | $123,116 | $166,809 | $135,191 | $134,391 | 11 | — | — | $4,473 |
Under IRS private-foundation payout rules, Faith Charities Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Faith Charities Inc is led by Paul D. Laudadio, President & Treasurer on every filing since 2020; none of the 13 officers listed in 2024 report compensation.
Officers on the 2024 filing
Paul D. Laudadio
President & Treasurer
On filings since 2020
3 hrs/week
No compensation reported
Andy Perry
Director
On filings since 2020
1 hr/week
No compensation reported
Brook Johnson
Director
On filings since 2020
1 hr/week
No compensation reported
Cornelius M. Hayes III
Director
On filings since 2020
1 hr/week
No compensation reported
Jorge Velez
Director
On filings since 2020
1 hr/week
No compensation reported
Kelly Laudadio
Director
On filings since 2020
1 hr/week
No compensation reported
Lindsay Laudadio
Director
On filings since 2020
1 hr/week
No compensation reported
Paul Laudadio II
Director
On filings since 2020
1 hr/week
No compensation reported
Tammy Perry
Director
On filings since 2020
1 hr/week
No compensation reported
Tricia Johnson
Director
On filings since 2020
1 hr/week
No compensation reported
Victor Perez
Director
New on the 2024 filing
1 hr/week
No compensation reported
Daphne J. Laudadio
Vice President
On filings since 2020
1 hr/week
No compensation reported
Tracey Velez
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Faith Charities Inc
How much does Faith Charities Inc give each year?
Faith Charities Inc gave $134K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $142K across 16 grants.
What is Faith Charities Inc's typical grant size?
Faith Charities Inc's median grant in 2024 was $13,344, and its average grant was $16,777, across 8 grants on its 2024 IRS Form 990-PF.
Where does Faith Charities Inc give grants?
Faith Charities Inc gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Corpus Christi, TX (3 grants) and Houston, TX (2 grants).
Does Faith Charities Inc give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Faith Charities Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Faith Charities Inc's largest grantees?
Faith Charities Inc's largest 2024 grantees include Fullness of Truth ($53,750), Society of Our Lady of the Most Holy Trinity ($21,000) and St Francis De Paula Catholic Church ($16,575), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Faith Charities Inc?
Faith Charities Inc reported $163K in total assets on its 2024 IRS Form 990-PF. It paid out $134K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is Faith Charities Inc's EIN?
Faith Charities Inc's EIN (Employer Identification Number) is 74-2797643. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Faith Charities Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Strake Foundation
Houston, TX
The Strake Foundation funds Catholic institutions, education (especially high school and above), women’s health and pro-life causes, free-market and individual-liberty work, and Houston community, homelessness, and low-income needs, with a strong Houston emphasis. In 2024, grants ranged from $1,000 to $600,000, with a median of $10,000. It accepts unsolicited online requests, limits applicants to one application per calendar year, and has no stated deadline.
Assets
$47.3M
Grants
203
Total Given
$3.4M
Our Kids at Heart
Austin, TX
To provide tuition assistance to families in Central Texas desiring to send their children to Catholic Schools in Central Texas.
Assets
$40K
Grants
3
Total Given
$515K
Ryan Club Charitable Tr
Norfolk, VA
The foundation funds charitable and educational purposes, including programs benefiting children, and its 2025 grants supported Catholic school operations in Virginia. Its typical grant was $1,000; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$202K
Grants
10
Total Given
$10K
The Evalyn O Flory Foundation
Wenatchee, WA
The Evalyn O Flory Foundation supports a range of charitable organizations, with most of its giving in Washington and smaller grants in several other states. Its 2025 grants ranged from $1,000 to $10,000, with a median of $3,000; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$823K
Grants
11
Total Given
$45K
Hans Family Foundation
Western Springs, IL
Assets
$432K
Grants
15
Total Given
$27K
J Brian Walter and Karen M Walter Foundation
Dallas, TX
The foundation supports charitable organizations, including Catholic, educational, social-service, cultural, and community causes, with nearly all reported 2025 grant funding going to Texas. Its 17 grants totaled $98,200, ranging from $200 to $30,000, with a median grant of $2,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.8M
Grants
17
Total Given
$98K
More similar funders
More Funders in Texas
Cite this profile
Grantable. (2026). Faith Charities Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/faith-charities-inc-morg_51f0d0b8f92349d9a2544d83fb3e2976
BibTeX
@misc{grantable_742797643_2026,
author = {{Grantable}},
title = {{Faith Charities Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/faith-charities-inc-morg_51f0d0b8f92349d9a2544d83fb3e2976},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Faith Charities Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Faith Charities Inc down — hundreds of funders to go?